Europe’s Downstream Construction Plans and Move Towards a Sustainable Future
The downstream markets in Europe and Asia have stark differences. Europe—especially Western Europe—has a mature refining and petrochemical production network. Many plants were constructed dozens of years ago. However, the region is making concerted efforts to boost sustainability, including mandating clean-fuels production and increasing energy efficiency, while mitigating plant emissions and waste.
The region is building additional production capacity, but project numbers vary significantly between Western Europe and Eastern Europe, Russia and the Commonwealth of Independent States (CIS). This whitepaper details major downstream oil and gas initiatives in Europe, along with capital expenditures in downstream project construction.